First LNG shipment since war began appears to exit Hormuz
ABU DHABI : The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The
Ulsan Port Successfully Completes World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels
ULSAN (SOUTH KOREA): The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026. This milestone
RINA grants Type Approval to SRC Group’s Methanol Superstorage system
GENOA: SRC Group’s Methanol Superstorage system has received Type Approval from RINA, in a formal recognition of a solution which allows shipowners and operators to use methanol and ethanol as green marine fuels without
Kuwait declares force majeure on oil shipments amid Hormuz blockade : Bloomberg
RIYADH : Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability
Kandla Port facilitates landmark export of Cryogenic LNG Tanks to The Bahamas
GANDHIDHAM : India: Reinforcing its position as a key gateway for project and heavy-lift cargo, Kandla Port has successfully handled and dispatched a major consignment of cryogenic LNG storage tanks manufactured by INOX India
Trump’s Hormuz blockade puts China, India in crosshairs as U.S. pressure on Iran spills over
WASINGTON/BEIJING/NEW DELHI: The U.S. blockade of the Strait of Hormuz is not only squeezing Iran but also ratcheting up pressure on two of its most consequential relationships in Asia — India and China. With
FIS expands its Global Fuel Oil Coverage
LONDON: FIS, a leading freight and commodity brokerage, has announced some key hires in Singapore, expanding its coverage of fuel oil products at a crucial moment for global oil markets. FIS is pleased to
Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO
LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of